nVent Electric PLC reports results for the quarter ended September 30 - Earnings Summary
nVent Electric PLC reports results for the quarter ended September 30 - Earnings Summary
nVent Electric PLC NVT.N reported quarterly adjusted earnings of $1.52 per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 91 cents. The mean expectation of eighteen analysts for the quarter was for earnings of $1.37 per share. Wall Street expected results to range from $1.17 to $1.44 per share.
Revenue rose 43.7% to $1.51 billion from a year ago; analysts expected $1.42 billion.
nVent Electric PLC's reported EPS for the quarter was $1.23.
The company reported quarterly net income of $202.4 million.
nVent Electric PLC shares had fallen by 13.9% this quarter and gained 35.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 10.5% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 18 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electrical components & equipment peer group is also "buy"
Wall Street's median 12-month price target for nVent Electric PLC is $207.50, about 33.4% above its last closing price of $138.15
This summary was machine generated from LSEG data October 30 at 02:18 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2026 | 1.37 | 1.52 | Beat |
Jun. 30 2026 | 1.16 | 1.45 | Beat |
Mar. 31 2026 | 0.94 | 1.09 | Beat |
Dec. 31 2025 | 0.90 | 0.90 | Met |
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